Inv Vk Pa Valu (NYSE:VPV) Short Interest Up 62.5% in August

Inv Vk Pa Valu (NYSE:VPV) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 62,771 shares, an increase of 62.5% from the July 30th total of 38,627 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 32,648 shares, the short-interest ratio is currently 1.9 days.

Inv Vk Pa Valu Price Performance

Shares of VPV traded down $0.09 during trading hours on Tuesday, reaching $11.15. 46,290 shares of the company traded hands, compared to its average volume of 31,566. Inv Vk Pa Valu has a 12-month low of $9.96 and a 12-month high of $11.50. The business has a fifty day moving average price of $11.12 and a 200-day moving average price of $10.94.

Inv Vk Pa Valu Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were given a dividend of $0.0667 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 7.2%.

Institutional Trading of Inv Vk Pa Valu

Large investors have recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. purchased a new position in shares of Inv Vk Pa Valu in the fourth quarter worth about $41,000. Royal Bank of Canada lifted its holdings in shares of Inv Vk Pa Valu by 21.8% during the fourth quarter. Royal Bank of Canada now owns 17,951 shares of the financial services provider’s stock worth $188,000 after purchasing an additional 3,217 shares during the period. NewEdge Advisors LLC purchased a new stake in Inv Vk Pa Valu in the first quarter valued at approximately $236,000. HighTower Advisors LLC purchased a new stake in Inv Vk Pa Valu in the second quarter valued at approximately $263,000. Finally, Raymond James Financial Inc. increased its holdings in Inv Vk Pa Valu by 40.5% in the 2nd quarter. Raymond James Financial Inc. now owns 31,439 shares of the financial services provider’s stock worth $316,000 after buying an additional 9,068 shares during the period.

Inv Vk Pa Valu Company Profile

Invesco Pennsylvania Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade Pennsylvania municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.